3 bedroom property for sale

KINGSBRIDGE

Under Offer £299,500

Property Description

Key features

  • Town
  • 3 Bedrooms

Full description

Tenure: Freehold


An excellent investment opportunity. A large retail shop together with a spacious maisonette over located in a highly visible retail trading area of the town with a high pedestrian footfall. The property is mid-terrace with dressed stone facade under a slated roof.



The ground floor, currently A1 permitted use is currently let under lease to Axminster Oak at a rent of £14,500 per annum. The Maisonette that occupies the first and second floors is normally let on an assured shorthold tenancy that is likely to produce around £8,000 per annum in rent. Overall the anticipated income is likely to be in the region of £22,500 per annum.



The Ground Floor Retail Shop comprises  
A double fronted entrance. Overall it is 8.83m wide max x 8.10m depth max including the Vestibule, the area is approximately 71.62m² (770SQFT), extensive shelving, laminated floor covering and spotlights.

Inner Stock Room/Kitchen  
3.62 x 2.52 = 9.13m² (98SQFT), stainless steel sink and electric water heater.

Separate WC  
with basin (In courtyard to rear).

The Maisonette  
Is situated directly above the shop and approached via a self contained doorway access next to the shop which leads into a Courtyard Area, ground floor access to a:

Hall  

Utility Room  
1.43m x 2.84m
with stainless steel sink.

Staircase to the:  

First Floor  

Kitchen  
3.42m x 3.87m
with a 1 ½ bowl resin sink, base cupboards, drawers, laminated worktops, electric four plate hob and electric oven under.

Dining Room  
4.48m x 4.66m
with a Victorian fireplace and oil fired radiator.

Landing  

Lounge  
4.1m x 4.63m
overlooking Fore Street with a marble fireplace, bay window, oil filled radiator and wall lights.

Bedroom 1  
4.62m x 4.61m
with built in cupboards, Victorian fireplace, window seat overlooking Fore Street. Oil filled radiator. Door to:

Dressing Room/Study  
1.39m x 2.23m

Bathroom  
1.55m x 2.82m
with bath and electric shower over. Pedestal basin and WC. Electric downflow heater.

Second Floor  

Bedroom 2  
3.34m x 4.81m
with skylight window, eaved ceilings, undereaves walk in Attic Store, recessed lighting.

Bedroom 3  
3.35m x 4.21m
with a dormer window, undereaves storage cupboards and recessed lighting.

Outside  
Right of way over a courtyard to access the flat. Separate WC (as used by the shop)

Outgoings  
Uniform Business Rates, based on a rateable value of £16,500, the rates payable are likely to be in the region of £7,950 per annum. Although some transitional relief may be available.

VAT  
All figures quoted are exclusive of VAT which may be charged.

Tenure  
The premises are being offered as a freehold sale however the tenancy of the shop is contracted out of the Landlord and Tenancy Act security of tenure provisions.

More information from this agent

Listing History

Added on Rightmove:
31 October 2015

Nearest station

  • Ivybridge (9.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Charles Head, Kingsbridge

113 Fore Street, Kingsbridge, TQ7 1BG

01548 466002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Charles Head, Kingsbridge

113 Fore Street, Kingsbridge, TQ7 1BG

01548 466002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Ivybridge (9.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Charles Head, Kingsbridge

113 Fore Street, Kingsbridge, TQ7 1BG

01548 466002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference K4248. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Head, Kingsbridge. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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